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Offshore Wind Outlook
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an apples and oranges comparison with guise. It gave the industry a reason to tain oil price will keep us on our toes, deepwater projects, he says. get back into shape. The volatile uncer- and it will keep us innovative.” “They may paint all of oil and gas with the same brush,” he says.
And of course the short-term volatil- ity in prices adds another wrinkle into the uncertainty mix.
Even with all that in the back- ground, Turner says, companies are
ENGINEERED “optimistic and pushing forward” and the Gulf of Mexico is “?t to compete as much as ever.” to
One of the reasons is that following
PERFORM a tough four-year downturn, the in- dustry is collaborating more across the
CRAFTED FOR CONFIDENCE board, and are more frequently mak- ing partnerships outside of their peer groups, such as Talos and Fieldwood, who have both teamed up with Chev- ron and BP, and Kosmos pairing up with BP, Turner says.
The industry is also becoming more ef?cient and standardized, ?nally, Turn- er says.
“If you’ve gone to Offshore Technol- ogy Conference and heard the presen- tations on standardization, well we’re ?nally putting it to work. The industry is ?nally committed to standardization,” he says. The same basic OPTI-X semi-
ENGINEERING THE MOST ROBUST valve products and submersible platform that LLOG used manifold systems in the industry isn’t something that for Who Dat and Delta House will po- just happens, it comes from a process decades in the tentially be reused for Shenandoah, and making, and it hinges on product design. With a refined design process, CORTEC products are crafted to meet is being used for Murphy’s King’s Quay your specific needs and made to order with a faster platform. Additionally, Shell’s using the turnaround time on project deliveries. Industry leading same semisubmersible design for Vito expertise and approach allow our team to ensure every and Whale, he adds.
design meets or exceeds all industry standards and project requirements before production even begins.
“The challenge is going to be to hold onto this – the ef?cient operations,
For more information on specific CORTEC product the low costs, the standardization, and offerings, visit us at uscortec.com/engineering the lessons learned,” Turner says. “We must not return as an industry to the times of 2014.”
Visit CORTEC at the Offshore Technology
Conference Booth #1405
Turner echoes what many have said about past downturns: the down cycle can be “a little bit of a blessing in dis- march/april 2020 OFFSHORE ENGINEER 13